Business Owner’s Policy (BOP)

A Business Owner’s Policy — BOP — bundles general liability and commercial property insurance into one policy at a lower combined price than buying each separately. For many small businesses, it is the most cost-effective way to cover the two most common insurance needs.

Who Should Get a BOP

A BOP is typically right for businesses that: have a physical location, own significant equipment or inventory, interact with clients in person, or need both GL and property coverage.

What a BOP Does Not Cover

BOPs typically exclude professional liability, commercial auto, workers compensation, and flood or earthquake coverage. These require separate policies. A BOP is a foundation, not a complete insurance program.